Business News
Muhyiddin Slams Madani Govt, Urges Cancellation of SST Expansion and TNB Tariff Hike
Tan Sri Muhyiddin Yassin urges cancellation of SST expansion, electricity tariff hike, and promotes public consultation for better governance.
Category: Accounting
Accounting
Anwar’s Hamlet Dilemma: To Tax or Not, as Malaysia Faces Reform Challenges
Prime Minister Anwar Ibrahim advocates tax reforms and subsidy rationalization in Malaysia, addressing challenges while ensuring support for the underprivileged.
Business News
Anwar Rejects GST, Defends SST as Fairer for Lower-Income Malaysians
PM Anwar rejects GST, says it burdens poor; defends SST, targeting luxury goods, funding essential services, invites feedback.
Accounting
CK Partners and OA Group form strategic alliance to pioneer AI-driven accounting in SEA
CK Partners Malaysia and OA Group Singapore signed an MoU to deliver AI-driven accounting solutions, enhancing SMEs' financial operations in Southeast Asia.
Accounting
Samenta Urges Putrajaya to Rethink SME Tax Threshold
Samenta urges the government to exempt smaller enterprises from new SST changes, proposing a higher turnover threshold for taxation.
Accounting
Coalition Partner Urges MADANI to Adopt Realistic Stamp Duty Reforms
MCA vice-president Lawrence Low proposed modernizing Malaysia’s employment contract stamp duty to align with current economic realities. He suggested raising the exemption threshold from…
Accounting
All job contracts must be stamped from next year: Tax Man
Starting January 1, 2026, all Malaysian employment contracts must be stamped, incurring a RM10 fee.
Accounting
ACCA and University of London Launch Dual-Pathway BSc for Aspiring Accountants
ACCA and the University of London introduce a BSc (Hons) in Professional Accountancy, allowing simultaneous earning of degree and professional qualification worldwide.
Accounting
Anwar Pledges E-Invoice Review to Ease Burden on Small Businesses
The e-invoice system’s phased implementation began in August 2024 for large firms, with full rollout for all businesses, including MSMEs, set for July 1,…
Accounting
Seizing the ASEAN moment: Why finance professionals hold the key to regional resilience
By Pulkit Abrol, Regional Director, Asia Pacific, ACCA ASEAN is on the brink of a turning point. Amid growing geopolitical tensions, shifting supply chains,…
Business News
Malaysia Imposes Anti-Dumping Duties on Tin-Plated Steel Imports from China, India, Japan, and South Korea
The Malaysian government imposed anti-dumping duties on steel imports from select countries to protect local industry and ensure fair competition.
Accounting
Economy Minister is back but targets Islamic party on taxes
Rafizi refutes opposition claims on tax distribution, questions Kelantan's ability to collect taxes independently. "What is Kelantan's actual tax revenue?"
Accounting
Delays in SST Expansion to Ease Manufacturers’ Burden Amid US Tariff Threats
Malaysia’s Ministry of Finance (MOF) has delayed the enforcement of the expanded sales and service tax (SST), originally planned for May 1, to a…
Accounting
Global Accountant Confidence Wanes as US Tariffs Loom, but Asia Pacific Shows Resilience
Global accountant confidence dips, but Asia Pacific rebounds. US tariffs and trade tensions threaten growth, despite resilient regional orders. “Global growth has generally proved…
Accounting
Digital Vendors Demand Equal Opportunity in E-Invoicing Policies
While digital transformation is essential for economic progress, many micro-entrepreneurs and small traders face immediate challenges in adapting to the new system. To ease…
Accounting
Global Survey Highlights Trust Deficit in Tax Systems, Malaysia Shows Higher Optimism
Global survey reveals low trust in tax systems; Malaysia fares better with optimism in fairness, public spending, and compliance ease.